If you are a small business owner who is experiencing some notable success, you are probably enjoying watching the expansion of your company. We all know that startups take a while to get off the ground. But once they do, they can develop at an astonishing pace. However, this is where a lot of business owners fall flat – as they can no longer keep up with the demand. It is times like these where it is vital to take on some employees to help share the load. Hiring your first employee can be a daunting prospect for many people who are just getting started in business. But it’s something that has to be done to ensure that you keep your head above water and that your business can start to prosper. However, it’s not always about simply hiring the best people for the job – it’s how to keep them. The market is so competitive these days that a stellar employee may venture elsewhere if the benefits are greater. By investing in your employees, you can create a situation that benefits everyone.
A positive environment
When first starting out, you might be tempted to keep your overheads to a bare minimum and therefore keep your office as simple as possible. Whilst there’s nothing wrong with simplicity, your employees will absolutely benefit from a few home comforts. It doesn’t need to be anything major – getting some comfortable chairs from Arnold’s Office Furniture or a similar company can do wonders. You may also want to brighten the place up a bit as offices are notoriously uninspiring. It may cost you initially, but your employees will be happier and therefore they will be more productive. If that isn’t a worthwhile investment, what is?
Your employees are so much more than just a pawn in the game, and they want to feel as such. It is important that they feel as though they have their own identity within the company, and that they are given the opportunity to lead on occasion. If you notice a few particularly bright sparks among your workforce, make it your mission to help them invest in their personal brands. Encourage your employees to use LinkedIn actively and continuously update the company’s page too. Always credit your employees when it comes to a piece of work that is going public too.
The investment of time
In a fast-paced business world, employees can sometimes become disenfranchised with their role within the company – both on a professional and personal level. When this happens, many will leave in favour of another company that is able to invest more time into them. You don’t want this to happen, so make sure you make time for regular catch up with your members of staff. You may also want to consider the importance of spending time with your employees outside of a working environment. There is a fine line when it comes to being colleagues and being friends, and you need to be careful not to overstep it. But there is no reason why you and your employees can’t all relax together from time to time. Implement after-work drinks on a Friday or a day out together around Christmas. They will feel more valued, especially if the initiative comes from you.